ChoiceOne Financial Services Inc (COFS) DRIP

DRIP Plan Highlights
Enrollment
Please note: This DRIP does not allow initial investments by non-shareholders. Only existing shareholders may enroll in this DRIP.
Minimum shares required to enroll			1 Share
Purchases
Minimum purchase			$25
Maximum purchase			$1,000
Fees
Account Setup Fee			None
Automatic Investment Fee			None
Optional Cash Purchase			None
Reinvestment Fee			None
Sale Fee			$10.00
Company Web Site			https://www.choiceone.com
Additional Plan Information			Agent Site

ChoiceOne Financial Services Inc DRIP Details:
ChoiceOne Financial Services Inc is a bank holding company that operates ChoiceOne Bank in Michigan. The ChoiceOne Dividend Reinvestment Plan offers a poor holding vehicle for your ChoiceOne Bank investment as it requires 1 share to enroll. For investors who don’t already own ChoiceOne bank shares a low cost brokerage such as Sharebuilder would be the lowest cost holding vehicle for your COFS investment.
Pros:
No account setup fees
No dividend reinvestment fees
No Investment fees
Cons:
Requires 1 share to enroll